Why These 15 Data Center Stocks Are Plunging In 2025

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5. FuelCell Energy Inc (NASDAQ:FCEL)

Number of Hedge Fund Holders In Q4 2024: 8

FuelCell Energy Inc (NASDAQ:FCEL) is a pretty self-explanatory name since it makes fuel cell and electrolysis platforms. It is also involved in providing power to data centers.

The stock is down significantly so far in 2025 due to continuous losses. FuelCell Energy posted a net loss of $32.4 million, worse than the $44.4 million loss in Q1 2024. It did report a 14% year-over-year revenue increase to $19 million, but cash reserves dwindled to $270.7 million.

Restructuring efforts aim to reduce operating costs by 15%; the ongoing losses have weighed heavily on investor sentiment.

Moreover, FuelCell Energy reported a gross loss of $10.9 million and a revenue decline to $49.3 million compared to $112.1 million in fiscal year 2024.

The consensus price target of $10.03 implies 62.22% upside.

FCEL stock is down 31.64% year-to-date.

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